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Purdue University - TLI 152 1)Opportunity International helps people earn their way out of poverty through bond financing

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Purdue University - TLI 152

1)Opportunity International helps people earn their way out of poverty through

bond financing.

stock certificates.

microfinancing.

mortgages.

debt capitalization.

 2. Adam Smith believed that although businesspeople work to improve their own prosperity and not necessarily that of others, their efforts eventually provide social and economic benefits for all. He called this process

 

 

the invisible hand.

bureaucracy.

a command economy.

economic rejuvenation.

socialism.

 3. The video tells the story of a woman who decided to start a new type of business rather than a business similar to others in her community. Her success as a mushroom producer benefited her family, her community, the other mushroom farmers she eventually trained and many others. This is an example of

 

 

socialism.

a command economy.

the invisible hand.

bureaucracy.

economic rejuvenation.

 4. The video tells the story of a woman who decided to start a mushroom farm, which is a different type of business than others in her community. Under the foundations of capitalism, she used the basic right of

 

 

eminent domain.

freedom of choice.

habeas corpus.

econometrics.

patent protection.

 5.In global markets today, most economies are

mixed.

capitalist.

communist.

free markets.

socialist.

 6.The video identifies three economic indicators. However, almost every discussion about a nation's economy is based on its

unemployment rate.

distribution index.

consumer price index.

stagflation index.

GDP.